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-   -   Trek Financial Problems (https://www.bikeforums.net/showthread.php?t=1290326)

80Klein 03-24-24 08:32 PM

Trek Financial Problems
 
With Trek's recent announcement of major financial cut backs, do you think it's best to wait a few months before purchasing a Domane SLR 7 Gen 4 to see if there's a price drop?

80Klein 03-24-24 08:34 PM

Trek Financial Problems
 
With Trek's recent announcement of major financial cut backs, do you think it's best to wait a few months before purchasing a Domane SLR 7 Gen 4 to see if there's a price drop?

Steve B. 03-24-24 08:47 PM

They are having a sale currently, I have seen some prices as much as 20% off

bargainguy 03-24-24 08:48 PM

The "right sizing" Trek announced was a 10% cut in spending and a 40% cut in the number of stock units they carry. No mention of discounting in that game plan.

They've already cut their losses. They're trying to reduce risk by streamlining their ops and tapering the number of models they carry. Otherwise they might be left with even more inventory that isn't selling.

I don't see them reducing prices on current inventory anytime soon.

zandoval 03-24-24 08:48 PM


Originally Posted by 80Klein (Post 23194271)
With Trek's recent announcement of major financial cut backs...

TREK having problems... RATS!

If Trek is having problems its no wonder the small bike shops are starving...

80Klein 03-24-24 08:50 PM

I've seen that, Steve. But no discount on the Domane SLR 7 Gen 4. Just deciding whether to wait a few months to see if Trek's pretty significant financial problems and looming cuts will cause them to drop the price on that bike.

Mojo31 03-25-24 07:54 AM

Trek is fine. They are overstock on certain models, and have marked down the prices on those models to move overstocked inventory. The SLR line has always been a more limited production line, so I doubt you will see much movement on those models.

If you are a repeat customer with Trek and the store, ask for the loyalty discount.

Saying Trek has "significant financial problems" is probably a significant overstatement.

pdlamb 03-25-24 07:57 AM

If you need to buy a bike, go ahead and do it. Since the weather is (or is about to) turn warmer, there's no since playing pricing games when you could be riding your new bike.

If you just want to get N+1, the choice is yours.

wheelreason 03-25-24 08:02 AM


Originally Posted by 80Klein (Post 23194271)
With Trek's recent announcement of major financial cut backs, do you think it's best to wait a few months before purchasing a Domane SLR 7 Gen 4 to see if there's a price drop?

A current model year bike that is still around unsold near or after the end of the year will in most likelihood be discounted, by how much and size availability aside, how much is having that bike now worth to you?

cb400bill 03-25-24 08:03 AM

Merged duplicate threads.

t2p 03-25-24 08:51 AM

overstock is not new - including Trek

I purchased a new 1992 5200 in summer of 1993 - when Trek was blowing out excess inventory … at that point it was primarily road bikes in the smallest and largest sizes … the markdowns were significant

this was back in the fax days :) … dealer / friend notified me - ordered two sizes (so I could decide on size)

Mojo31 03-25-24 09:13 AM


Originally Posted by t2p (Post 23194610)
overstock is not new - including Trek

I purchased a new 1992 5200 in summer of 1993 - when Trek was blowing out excess inventory … at that point it was primarily road bikes in the smallest and largest sizes … the markdowns were significant

this was back in the fax days :) … dealer / friend notified me - ordered two sizes (so I could decide on size)

But it is part of the evil, greedy, Big Bike conspiracy.

genejockey 03-25-24 09:24 AM


Originally Posted by t2p (Post 23194610)
overstock is not new - including Trek

I purchased a new 1992 5200 in summer of 1993 - when Trek was blowing out excess inventory … at that point it was primarily road bikes in the smallest and largest sizes … the markdowns were significant

this was back in the fax days :) … dealer / friend notified me - ordered two sizes (so I could decide on size)

Yep. I got my 2006 Bianchi 928 in 2007 40% discount. If you don't have to have the Latest And Greatest, you can often get a great bike at a great price.

KerryIrons 03-26-24 08:53 AM


Originally Posted by 80Klein (Post 23194281)
I've seen that, Steve. But no discount on the Domane SLR 7 Gen 4. Just deciding whether to wait a few months to see if Trek's pretty significant financial problems and looming cuts will cause them to drop the price on that bike.

Waiting "a few months" pretty nearly puts you into the fall and if there is inventory left, shops will likely offer some price deals. It's always a gamble as to whether the size and model you want will be in that category.

georges1 03-26-24 02:12 PM

I am glad that I baught last year my older USA made Trek frames at bargain prices when Trek was something special back then and made their frames in the USA. I am beyond happy with my 1999 Trek 6700 SLR and my 2006 Trek 6500 SLR mountain bikes projects finished . My 2300 SLR from 1999 US made road frame is a very nice frame and will make a great road bike.

50PlusCycling 03-26-24 03:53 PM


Originally Posted by zandoval (Post 23194280)
TREK having problems... RATS!

If Trek is having problems its no wonder the small bike shops are starving...

For as long as I can remember, owning a bike shop meant wearing a tight belt, and working at a bike shop paid the same as in a fast food restaurant. When I was working in a bike shop my boss was happy to pay me in parts and accessories when cash was short.

veganbikes 03-26-24 07:34 PM

I wouldn't expect any major discounts. It looks like Trek corporate is tightening some of their belts in some ways but also doing some stuff that is quite smart. I think reducing the number of SKUs they have is a general good thing. It is hard to manage a huge amount of SKUs I did it for my last major shop and we had close to 2 million dollars in inventory at the end (our owner passed) and it was a lot to manage all the little small parts and old stuff that had been accumulated over decades of being in business it was a pain in the arse because there was no starting from scratch and redoing everything in a way that made sense aside from actual physical organization which did help a lot but in the POS it was still a mess and we got it tamer and tamer as time went on because I am good at what I do (not trying to be a braggart) and generally knew the product and could make it work enough within the parameters but it is still not fun. So many similar items that just weren't needed and could have gone away and still made us profitable.

If you are looking at a new model you probably won't see a discount for a while if at all. A lot of people have this fear that the new thing is coming out and I have to wait for that and that is true the new thing is coming it will always be coming but crippling yourself because that happens means you won't get the bike. Get the bike enjoy the bike if that is what you are dead set on. I bought a bike which quickly has had a new model come out and now a newer model that has almost all I have now but with some better stuff as well that didn't exist but my bike is awesome and does the job super well and I love it and I have no regrets on my purchase. Yeah the new model came out probably a few months after I finally got mine "ahh well"

I would say maybe wait a generation or two on a new design for them to flesh out issues but beyond that get a bike and get another bike and then get another bike and enjoy life.

MinnMan 03-26-24 07:41 PM

If you know what bike you want, it's available, and you can afford it, then buy it and enjoy riding it.

The real "win" is in enjoying the bike, not hoping to save a few bucks, particularly if the latter is not a sure thing and will delay the more important part of cycling life.


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